Current MLS Property Details
121 NE 5th Street 2708, Miami, FL 33132
Miami, FL, 33132
About This Property
Turnkey corner 1BR/1BA at 501 First Residences, Miami Worldcenter — a building with NO rental restrictions, where daily Airbnb/short-term rentals are fully permitted. Sold fully furnished and completely turnkey: start renting the day after closing. Currently a successful, income-producing short-term rental built to cover its own carrying costs. Corner unit with a wraparound balcony and city + bay views, full modern kitchen, in-unit washer/dryer, and central A/C. Building offers a rooftop pool + hot tub, fitness center, co-working spaces, resident lounges, BBQ terrace, and secure controlled-access entry. Steps to Metromover/Metrorail; 5 min to Brickell, 10 to Miami Beach, 15 to MIA. A rare, legally short-term-rentable condo in Downtown Miami.
Property Details
Property Type
Condominium
Subdivision
501 First Residences
Development
501 First Residences
County
Miami-Dade
Waterfront
Yes
Association Fee
$877 Monthly
Original List Price
$605,000
MLS ID
A12078643
Updated
Aug 29, 2026
Quick Payment Estimate
What might this home cost each month?
Starting rate:
6.66%
30 year fixed national average
· updated Aug. 27, 2026
$
%
%
$
/mo
Taxes, insurance, flood coverage and PMI are not included here.
HOA / condo fee prefilled from MLS
Rate is editable and is not a lender quote.
Listing Office: Luxe Properties • 305-809-7650
Listing Agent: Lucas Echeverry • 786-717-2204
MLS ID: A12078643
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location
Where is this property?
121 NE 5th Street 2708, Miami, FL 33132 · Miami, FL, 33132
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